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Sherritt International Corp T.S

Alternate Symbol(s):  SHERF

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. It is also the independent energy producer in Cuba. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.


TSX:S - Post by User

Post by thenorthvanmanon Aug 19, 2021 8:00pm
149 Views
Post# 33737754

RE:RE:RE:RE:RE:RE:L.M.E

RE:RE:RE:RE:RE:RE:L.M.ESame people that are off by over 100 K tonnes this year.

Reality is this.  There's lots of moving parts so it's difficult to make accurate predictions.  Predictions are based on models, models are based on assumptions.  There is trillions of post COVID infrastructure  spending coming from countries other than China.  Just as demand surprised to the upside this year I think the same think will happen 2022.

In the meantime now that the LME has cracked down on shadow inventory, drawdowns on the exchange are more representative of actual gaps in supply and demand. 
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